Shares of Tweeter, a bankruptcy consumer electronics company, shot up around 1600% today because of confusion about its ticker symbol and the Twitter IPO.
Tweeter’s ticker is TWTRQ while Twitter will be listed as TWTR.
The real loser is the TWAT who’s about to find out he lost big money betting on a bankrupt company.
If you’re stuck holding shares, it’s your lucky day because they’re still trading at 5-cents.
